Financial Performance - The company's revenue for Q3 2024 was ¥71,575,860.42, a decrease of 2.58% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥30,664,021.45, down 4.15% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥30,123,202.04, a decline of 13.55%[2]. - Total operating revenue for the current period reached ¥240,481,663.91, a slight increase of 0.23% compared to ¥235,940,790.84 in the previous period[15]. - Net profit for the current period was ¥103,071,535.95, a decrease of 10.94% from ¥115,702,784.10 in the previous period[16]. - Total profit for the current period was ¥119,281,793.22, down 9.63% from ¥131,875,776.35 in the previous period[16]. - Basic and diluted earnings per share both decreased to ¥1.27 from ¥1.54 in the previous period[17]. Cash Flow and Liquidity - The operating cash flow for the year-to-date period was ¥66,871,921.84, reflecting a significant decrease of 48.52%[2]. - Cash flow from operating activities generated a net amount of ¥66,871,921.84, down 48.5% from ¥129,897,458.25 in the previous period[18]. - Net cash flow from investing activities was -$80,954,393.05, compared to -$64,195,881.99 in the previous period, indicating an increase in cash outflow for investments[19]. - Cash flow from financing activities showed a net outflow of -$121,555,786.79, a significant decrease from a net inflow of $735,669,431.39 in the prior period[19]. - The total cash and cash equivalents at the end of the period decreased to $937,767,411.26 from $1,042,300,107.10, reflecting a net decrease of $135,634,735.64[19]. - Cash inflow from financing activities totaled $1,377,588.00, down from $878,732,075.47 in the previous period[19]. - Cash outflow for financing activities was $122,933,374.79, compared to $143,062,644.08 previously, showing a reduction in cash outflow[19]. - The company reported a cash balance at the beginning of the period of $1,073,402,146.90, which is significantly higher than the previous period's balance of $240,929,099.45[19]. - The impact of exchange rate changes on cash and cash equivalents was a positive $3,522.36[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,480,797,293.25, a decrease of 1.77% from the end of the previous year[2]. - Total assets decreased to ¥1,480,797,293.25 from ¥1,507,436,027.59, reflecting a decline of about 1.8%[12]. - Total liabilities decreased to ¥52,107,923.68 from ¥59,392,112.19, a reduction of approximately 12.5%[12]. - The company's total equity as of September 30, 2024, was ¥1,428,689,369.57, down from ¥1,448,043,915.40, indicating a decrease of about 1.3%[14]. - The company reported a decrease in undistributed profits to ¥401,494,034.78 from ¥420,278,765.98, a decline of approximately 4.2%[14]. Inventory and Borrowings - The company's inventory increased by ¥10,635,900, representing a growth of 476.37% due to increased procurement of inventory goods[5]. - The company reported a 100% increase in short-term borrowings, amounting to ¥1,377,600, reflecting new credit borrowings[5]. - Inventory rose significantly to ¥12,868,588.19 from ¥2,232,691.45, indicating an increase of approximately 477.5%[11]. - The company’s short-term borrowings stood at ¥1,377,588.00, with no previous balance reported[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,315[8]. Expenses - Total operating costs increased to ¥122,813,738.96, up 3.73% from ¥118,284,134.25 in the previous period[15]. - Research and development expenses were ¥13,506,352.03, a decrease of 21.06% compared to ¥17,155,388.54 in the previous period[15]. - Tax expenses for the current period were ¥16,210,257.27, slightly up from ¥16,172,992.25 in the previous period[16]. - Other income decreased to ¥6,826.00 from ¥7,000,000.00 in the previous period[16]. Audit and Accounting Standards - The company has not undergone an audit for the third quarter report[20]. - The new accounting standards were first implemented in 2024, affecting the financial statements[20]. - The third quarter report was released on October 24, 2024, indicating timely financial disclosure[20].
国泰环保(301203) - 2024 Q3 - 季度财报